Multi Indocitra’s Dividends Rp.10 Per NoteBisnis Indonesia, page B2, 2006-06-08
PT Multi Indocitra Tbk will share dividends in the amount of Rp.10 per note. In the General Meeting of Shareholders, shareholders have agreed to share the dividends at a total of Rp.6 billion, or 21.72 percent from last year’s net profit which reached Rp.27.62 billion. The sharing of dividends will follow the procedure implemented by the Jakarta Stock Exchange.
Meanwhile, the company’s plan to take over a local cosmetics company is still stuck on a price. Multi Indocitra disbursed funds in the amount of Rp.10 billion to finance the acquisition.
Mulit Indocitra listed its shares in the Jakarta Stock Exchange on December 21 2005. At that moment, the company managed to attain funds in the amount of Rp.46 billion and Rp.25 billion to settle the company’s debts. Around Rp.21 billion was for 2006’s capital expenditure, including the acquisition.